Legacy of HRM

Question

Briefly illustrate out the Legacy of HRM?

Answer 1

The legacy of HRM needs to be analyzed from two dissimilar standpoints to get the better insight in its nature. These are (a) the Western context (b) the Indian context.

(a) Western Context : The origin of HRM, as is known today, date back to the ancient times. Find a reference of HR policy as early as 400 B.C., when the Chaldeans had a sound incentive wage plan. All which has changed over the years is the status of employees, their roles and relationship-inter personal and inter-group. The status of labor prior to the industrial revolution was extremely low and the relationships were classified by slavery, seldom and guild system.

(b) Indian Context : HRM in India is centuries old. The first reference of HRM was given by Kautilya as early as 4th century B.C. in his book Arthashastra‘. The work environment had logical procedures and principles in admiration of labor organization like Shreni Wages were paid in terms of quantity and quality of work. Workers were punished for needless delay or spoiling of work. Kautilyas contribution was based on Shamrastra Concepts such as job description, qualifications for jobs, selection procedures, incentive system, executive development and performance appraisal were extremely effectively analyzed and explained.